New Substantial Order for SwitchCore
10/10/2002 - One of SwitchCore's Asian customers has placed an order worth more than SEK 7 million, the single largest order ever for SwitchCore.
"Orders have been strong during Q3 and we expect this trend to continue during Q4," says Henric Isacsson, SwitchCore's CEO.
The customer operates in the Enterprise network segment and most of the order will be delivered during the current year.
"This order is an extension to the break through orders we received in August, representing the continued expansion in this customers production volumes. As such, it confirms our prediction of a cautious growth in the Enterprise segment," says Henric Isacsson.
The orders are for SwitchCore's CXE-16 and CXE-1000 switching devices for Fast Ethernet and Gigabit Ethernet, plus CXE-5000 CAM multi-protocol device.
About SwitchCore
SwitchCore AB is a fabless semiconductor company that designs, develops, and markets integrated silicon devices for network equipment manufacturers and suppliers, worldwide. SwitchCore's CXE technology significantly increases the bandwidth and performance of switches and routers. With SwitchCore's components customers can reduce manufacturing costs for their complete products and achieve shorter lead times to market. Customers include suppliers of network devices such as Intel, Asanté Technologies and Allied Telesyn. The SwitchCore Group has about 85 employees, offices in Lund and Stockholm in Sweden, San Jose, California and Boston, Massachusetts in the US and Singapore in Asia. The company is listed on Stockholmbörsen's Attract 40 list under the SCOR ticker.
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